๐ค The Great Bitcoin Garbage Hunt ๐
James Howells, the unlucky IT engineer from Newport, is suing his local council for $647M after accidentally tossing a hard drive containing 8,000 BTC during a 2013 cleanup. Talk about expensive spring cleaning! ๐
Howells has been begging the council for years to let him dig through 110,000 tonnes of trash to recover his fortune, even offering them 10% of the treasure. But the council said, "Nah, we donโt want asbestos-flavored Bitcoin!" ๐งช๐จ
Despite robots, garbage, and grand recovery plans, the council insists: โNo digging โ too much methane!โ ๐จ๐ซ So James heads to court this December, hoping a judge will side with his crypto crusade.
Lesson learned? Keep your hardware wallet out of the trash. ๐ฆ
James Howells, the unlucky IT engineer from Newport, is suing his local council for $647M after accidentally tossing a hard drive containing 8,000 BTC during a 2013 cleanup. Talk about expensive spring cleaning! ๐
Howells has been begging the council for years to let him dig through 110,000 tonnes of trash to recover his fortune, even offering them 10% of the treasure. But the council said, "Nah, we donโt want asbestos-flavored Bitcoin!" ๐งช๐จ
Despite robots, garbage, and grand recovery plans, the council insists: โNo digging โ too much methane!โ ๐จ๐ซ So James heads to court this December, hoping a judge will side with his crypto crusade.
Lesson learned? Keep your hardware wallet out of the trash. ๐ฆ
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๐ China โhacksโ crypto! Or... did they? ๐ค
Chinese scientists claim their quantum computer cracked some cryptographic algorithms, including ones used in crypto and banking. ๐ป๐
But donโt panic just yet! Complete crypto domination isnโt happening anytime soon. Plus, back in March 2024, Vitalik already flexed that Ethereum has an update ready to block quantum attacks. ๐ก๐ช
So, no need to dump your bags over cheap FUD โ weโve seen scarier stuff than this! ๐๐
Chinese scientists claim their quantum computer cracked some cryptographic algorithms, including ones used in crypto and banking. ๐ป๐
But donโt panic just yet! Complete crypto domination isnโt happening anytime soon. Plus, back in March 2024, Vitalik already flexed that Ethereum has an update ready to block quantum attacks. ๐ก๐ช
So, no need to dump your bags over cheap FUD โ weโve seen scarier stuff than this! ๐๐
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๐ Bitcoin Smashes $64K, Shorts Get Wrecked! ๐ฅ
Bitcoin surged to $64,300, leaving 54,422 traders with over $100M in liquidations! Turns out, betting against BTC wasnโt the smartest move. ๐คจ
Meanwhile, Mt. Gox delayed its $9B Bitcoin return, calming sell-off fears and giving the market some breathing room. Investors are riding the โUptoberโ wave, with Bitcoin gaining in 9 of the last 11 years. ๐ข
Even Ethereum joined the party, breaking through $2,500 with bullish vibes all around. Bears are now praying for a miracle as analysts cheer: โThe next big rally is already here!โ ๐๐
Bitcoin surged to $64,300, leaving 54,422 traders with over $100M in liquidations! Turns out, betting against BTC wasnโt the smartest move. ๐คจ
Meanwhile, Mt. Gox delayed its $9B Bitcoin return, calming sell-off fears and giving the market some breathing room. Investors are riding the โUptoberโ wave, with Bitcoin gaining in 9 of the last 11 years. ๐ข
Even Ethereum joined the party, breaking through $2,500 with bullish vibes all around. Bears are now praying for a miracle as analysts cheer: โThe next big rally is already here!โ ๐๐
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๐จ Bitcoin Miner Moves Into a Hotel... and Brings His Mining Rig! ๐ป๐ฐ
One ambitious Bitcoin miner just shared a photo of his hotel room filled with mining machines. Looks like he's planning to pay for his entire stay with some serious BTC action! ๐
This trend isnโt newโsavvy miners have been setting up rigs in Airbnb rentals for a while now. One Airbnb host even reported his guests burned through a month's worth of electricity in just 4 days by mining Bitcoin! โก๏ธ๐ธ
Lesson? If you see someone checking into a hotel with 10 power cords and a suspicious number of fans... they might be mining! ๐
One ambitious Bitcoin miner just shared a photo of his hotel room filled with mining machines. Looks like he's planning to pay for his entire stay with some serious BTC action! ๐
This trend isnโt newโsavvy miners have been setting up rigs in Airbnb rentals for a while now. One Airbnb host even reported his guests burned through a month's worth of electricity in just 4 days by mining Bitcoin! โก๏ธ๐ธ
Lesson? If you see someone checking into a hotel with 10 power cords and a suspicious number of fans... they might be mining! ๐
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๐บ๐ธ Trump Effect Sparks Crypto Fund Inflows! ๐
From October 6 to 12, crypto funds saw inflows of $407M, reversing the $147M outflow from the previous week, according to CoinShares. ๐
Experts say itโs not macroeconomic data or Fed policy driving this shiftโit's the growing odds of Trump winning the US presidential race. ๐ณ With Trump pulling ahead of Kamala Harris, investors are betting on his pro-crypto stance bringing better days for digital assets. ๐ธ
Looks like the bulls are rooting for Trump! ๐
From October 6 to 12, crypto funds saw inflows of $407M, reversing the $147M outflow from the previous week, according to CoinShares. ๐
Experts say itโs not macroeconomic data or Fed policy driving this shiftโit's the growing odds of Trump winning the US presidential race. ๐ณ With Trump pulling ahead of Kamala Harris, investors are betting on his pro-crypto stance bringing better days for digital assets. ๐ธ
Looks like the bulls are rooting for Trump! ๐
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๐ Crypto on the Rise, All Eyes on US Macroeconomics! ๐บ๐ธ
The week kicked off with Bitcoin surging 5.20%, hitting $65,820, and altcoins following the upward trend. But the party isn't over yetโkey US macro events could shake things up! ๐ข
๐ Whatโs on the radar?
โช๏ธLabor market data: A softening job market could trigger a shift toward crypto.
โช๏ธRetail sales report: A 0.7% MoM increase may signal economic acceleration or a no-landing scenario. ๐ฌ
โช๏ธIndustrial production & corporate earnings: Big players like Citi, BoA, and Schwab release earnings soonโstrong results might boost both stocks and crypto! ๐
With inflation fears growing and the Fed on edge, this week could bring wild swings across markets. Buckle up, traders! ๐
The week kicked off with Bitcoin surging 5.20%, hitting $65,820, and altcoins following the upward trend. But the party isn't over yetโkey US macro events could shake things up! ๐ข
๐ Whatโs on the radar?
โช๏ธLabor market data: A softening job market could trigger a shift toward crypto.
โช๏ธRetail sales report: A 0.7% MoM increase may signal economic acceleration or a no-landing scenario. ๐ฌ
โช๏ธIndustrial production & corporate earnings: Big players like Citi, BoA, and Schwab release earnings soonโstrong results might boost both stocks and crypto! ๐
With inflation fears growing and the Fed on edge, this week could bring wild swings across markets. Buckle up, traders! ๐
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๐ ETH Aiming for $6,000!๐ค
According to the latest chart analysis, every time ETH bounces off the lower boundary of its channel, it gains an average of 130%. If this pattern holds (with support at $2,300), the next target could be a fresh $6,000 ATH! ๐ฅ
And with BTC creeping back to $66K, these predictions feel extra tempting... ๐งช๐
According to the latest chart analysis, every time ETH bounces off the lower boundary of its channel, it gains an average of 130%. If this pattern holds (with support at $2,300), the next target could be a fresh $6,000 ATH! ๐ฅ
And with BTC creeping back to $66K, these predictions feel extra tempting... ๐งช๐
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Turns out, Bitcoin is like that friend who shows up 8 weeks late to every trendโit's been tracking the global M2 liquidity chart with a serious delay. ๐โก๏ธ๐
So... is the ATH already here, lurking quietly in the room with us? ๐ Maybe. Or maybe itโs just hiding behind the couch, waiting to jump out and yell, โSurprise!โ ๐
So... is the ATH already here, lurking quietly in the room with us? ๐ Maybe. Or maybe itโs just hiding behind the couch, waiting to jump out and yell, โSurprise!โ ๐
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๐บ๐ธ Kamala Discovers Crypto! ๐
In a surprising twist, Kamala Harris has finally given a nod to cryptocurrencies! ๐ช In her latest program, Point 3 promises to protect crypto investmentsโbut hereโs the catch: it only applies to Black Americans as part of a separate initiative. ๐ค
Well, itโs not a full moonshot, but hey, progress is progress! Maybe one day weโll all get a bit of that crypto love. Until then, weโll take what we can get. ๐
In a surprising twist, Kamala Harris has finally given a nod to cryptocurrencies! ๐ช In her latest program, Point 3 promises to protect crypto investmentsโbut hereโs the catch: it only applies to Black Americans as part of a separate initiative. ๐ค
Well, itโs not a full moonshot, but hey, progress is progress! Maybe one day weโll all get a bit of that crypto love. Until then, weโll take what we can get. ๐
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๐ช US Spot Bitcoin ETFs Pull in $556M โ Highest Since June! ๐ฐ
ETFs just attracted $556M in a single session, their best result since June. ๐ But hereโs the kicker: their strategy seems to be... buy high, sell low. ๐๐
Genius, right? So how exactly are they planning to profit? ๐ค Or are they just here for the fun? ๐
ETFs just attracted $556M in a single session, their best result since June. ๐ But hereโs the kicker: their strategy seems to be... buy high, sell low. ๐๐
Genius, right? So how exactly are they planning to profit? ๐ค Or are they just here for the fun? ๐
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๐ Simple Strategy, Big Profits: $2.8M in 38 Days! ๐ฐ
Meet myparagon.eth, the trader who took advantage of the "buy low, sell high" strategy. He grabbed 9050 ETH at $2293 in early September, then cashed out at $2598 between September 30 and October 15 for a cool $2.8M profit. ๐
No futures, no leverageโjust classic trading 101. ๐งโ๐ซ
But hereโs the real question: Does this mean heโs not betting on ETHโs future growth in this cycle? ๐ค Or maybe heโs just playing it safe, waiting to buy the next dip... ๐ซฃ
Meet myparagon.eth, the trader who took advantage of the "buy low, sell high" strategy. He grabbed 9050 ETH at $2293 in early September, then cashed out at $2598 between September 30 and October 15 for a cool $2.8M profit. ๐
No futures, no leverageโjust classic trading 101. ๐งโ๐ซ
But hereโs the real question: Does this mean heโs not betting on ETHโs future growth in this cycle? ๐ค Or maybe heโs just playing it safe, waiting to buy the next dip... ๐ซฃ
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Crypto soothsayer
The Polkadot team spent $37,000,000 on marketing campaigns over 6 months. ๐ ๐ฃ At the current spending rate, Polkadot has funds left for 2 more years โ the community criticizes the high project expenditures on PR that doesn't yield results. Victor Ji, founderโฆ
๐ธ Polkadot Tightens the Purse String! ๐
After getting some community side-eye for wild spending, Polkadot slashed its marketing budget. ๐
In Q2, they earned a humble $250K while burning through $80M (oops). But in Q3, they got thriftyโonly spent $27.3M this time. ๐ซฃ Progress, right?
At least theyโre moving in the right direction... one budget cut at a time. ๐คทโโ๏ธ
After getting some community side-eye for wild spending, Polkadot slashed its marketing budget. ๐
In Q2, they earned a humble $250K while burning through $80M (oops). But in Q3, they got thriftyโonly spent $27.3M this time. ๐ซฃ Progress, right?
At least theyโre moving in the right direction... one budget cut at a time. ๐คทโโ๏ธ
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๐ Bitcoin Eyeing $233K by Q1 2025? RSI Says Yes! ๐ค
According to Bitcoindata21, BTC is warming up for a rocket ride to $233,000 (or more) by early 2025. Theyโre using the RSI (Relative Strength Index) to back their claimโhistorically, when RSI peaks, Bitcoin blows the roof off. ๐ ๐ฅ
Current RSI levels hint that Bitcoin has plenty of room to grow, with traders pointing out that previous bull runs went from $10K to $67K in just 7 months. Now, with trillions in traditional finance lurking, waiting to FOMO, the next leg up could be legendary. ๐ธ๐
"If you think this time is different... well, good luck with that," quips Bitcoindata21.
Hold on tightโif history repeats, the ride will be epic! ๐
According to Bitcoindata21, BTC is warming up for a rocket ride to $233,000 (or more) by early 2025. Theyโre using the RSI (Relative Strength Index) to back their claimโhistorically, when RSI peaks, Bitcoin blows the roof off. ๐ ๐ฅ
Current RSI levels hint that Bitcoin has plenty of room to grow, with traders pointing out that previous bull runs went from $10K to $67K in just 7 months. Now, with trillions in traditional finance lurking, waiting to FOMO, the next leg up could be legendary. ๐ธ๐
"If you think this time is different... well, good luck with that," quips Bitcoindata21.
Hold on tightโif history repeats, the ride will be epic! ๐
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๐ฅ Fed vs. Bitcoin: Kashkari Calls BTC โWorthless'!
Minneapolis Fed President Neel Kashkari isnโt impressed with Bitcoin, calling it a โworthless assetโ despite its 12-year track record. Meanwhile, BTC just keeps flexingโup 48% this year and attracting $556M in ETF inflows on October 14 alone! ๐๐
Even with a rocky Q3, Bitcoin's open interest hit $19.8B, showing traders are still bullish. ๐ And with Trump promising to make the U.S. a crypto hub (and Kamala joining the crypto-friendly club), Bitcoinโs future could hinge on the 2024 elections. ๐ณ
Cold wallets are filling up, and CEX reserves are at an all-time low. Looks like investors are in for the long haulโwhether Kashkari likes it or not. ๐
Minneapolis Fed President Neel Kashkari isnโt impressed with Bitcoin, calling it a โworthless assetโ despite its 12-year track record. Meanwhile, BTC just keeps flexingโup 48% this year and attracting $556M in ETF inflows on October 14 alone! ๐๐
Even with a rocky Q3, Bitcoin's open interest hit $19.8B, showing traders are still bullish. ๐ And with Trump promising to make the U.S. a crypto hub (and Kamala joining the crypto-friendly club), Bitcoinโs future could hinge on the 2024 elections. ๐ณ
Cold wallets are filling up, and CEX reserves are at an all-time low. Looks like investors are in for the long haulโwhether Kashkari likes it or not. ๐
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โก๏ธ $30M Vanishes in an Hour as Bitcoin Takes Traders for a Wild Ride ๐ข
At 12:30 UTC, Bitcoin shot up from $65,500 to $67,950 in just 30 minutesโits highest price since July. ๐ But, like a rollercoaster, it crashed almost 4% by 15:00 UTC, erasing all gains. ๐ข
$20M in shorts got liquidated during the sudden rise as bearish traders were wiped out. ๐ฅ
Right after, longs faced forced liquidations, with traders losing another $11M as Bitcoin's price nosedived. ๐คฏ
In the last 24 hours, over 92,000 traders lost a whopping $300M due to Bitcoinโs wild volatilityโaffecting both bulls and bears equally. โ๏ธ
Now, Bitcoin is slowly recovering, trading near $67K. Is this just the warm-up? ๐ง
At 12:30 UTC, Bitcoin shot up from $65,500 to $67,950 in just 30 minutesโits highest price since July. ๐ But, like a rollercoaster, it crashed almost 4% by 15:00 UTC, erasing all gains. ๐ข
$20M in shorts got liquidated during the sudden rise as bearish traders were wiped out. ๐ฅ
Right after, longs faced forced liquidations, with traders losing another $11M as Bitcoin's price nosedived. ๐คฏ
In the last 24 hours, over 92,000 traders lost a whopping $300M due to Bitcoinโs wild volatilityโaffecting both bulls and bears equally. โ๏ธ
Now, Bitcoin is slowly recovering, trading near $67K. Is this just the warm-up? ๐ง
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๐๐ฐ Tesla Moves $760M in Bitcoin โ Sell-Off or Self-Custody? ๐ง
Tesla just shifted $760M worth of Bitcoin, sparking rumors on Twitter of a major sell-off. However, some sharp-eyed users claim this is simply a move to self-custody, pointing to the format of the new addresses. ๐
According to Arkham, Tesla's Bitcoin was previously held by Coinbase Prime Custody, so this could be part of a new strategy for holding their crypto. ๐ก
So, is it time to panic or just another day of Tesla playing 4D chess with Bitcoin?
Tesla just shifted $760M worth of Bitcoin, sparking rumors on Twitter of a major sell-off. However, some sharp-eyed users claim this is simply a move to self-custody, pointing to the format of the new addresses. ๐
According to Arkham, Tesla's Bitcoin was previously held by Coinbase Prime Custody, so this could be part of a new strategy for holding their crypto. ๐ก
So, is it time to panic or just another day of Tesla playing 4D chess with Bitcoin?
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๐Hong Kong Scammers Swipe $46M in Crypto ๐ญ
Hong Kong scammers went full cyber mode, using deepfake videos to pose as attractive women on dating sites. They convinced love-struck men to invest in "high-return crypto schemes" โ and pocketed $46 million! ๐ธโจ
Police busted the operation and found a scoreboard tracking the syndicate's "achievements," with last monthโs top scammer earning a cool $266k. ๐คฏ Moral of the story? Be careful with video calls โ that charming smile might be a digital mask hiding a crypto mastermind! ๐ฌ
Hong Kong scammers went full cyber mode, using deepfake videos to pose as attractive women on dating sites. They convinced love-struck men to invest in "high-return crypto schemes" โ and pocketed $46 million! ๐ธโจ
Police busted the operation and found a scoreboard tracking the syndicate's "achievements," with last monthโs top scammer earning a cool $266k. ๐คฏ Moral of the story? Be careful with video calls โ that charming smile might be a digital mask hiding a crypto mastermind! ๐ฌ
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๐ "Bullish BTC Market Could Kick Off This Month," Says Crypto Trader ๐
On average, Bitcoin's bullish trend begins 170 days after a halving, and guess what? We're now at 178 days since the last halving. Could this be the spark for the next BTC rally? ๐ฅ
Time to watch the charts, HODL, and hope the bulls are ready to run! ๐
On average, Bitcoin's bullish trend begins 170 days after a halving, and guess what? We're now at 178 days since the last halving. Could this be the spark for the next BTC rally? ๐ฅ
Time to watch the charts, HODL, and hope the bulls are ready to run! ๐
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Someone just bet over $1 million that Trump will lose the election! ๐ธ
On the crypto betting platform Kalshi (Polymarket's competitor), a mysterious trader placed more than $1 million on Trump losing the upcoming election.
Insider info or just strong faith in Kamala Harris? ๐ While everyoneโs guessing, it looks like Trump has found another opponentโฆ this time in the crypto space. ๐
On the crypto betting platform Kalshi (Polymarket's competitor), a mysterious trader placed more than $1 million on Trump losing the upcoming election.
Insider info or just strong faith in Kamala Harris? ๐ While everyoneโs guessing, it looks like Trump has found another opponentโฆ this time in the crypto space. ๐
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US Prosecutors Demand 5-Year Sentence for Mastermind Behind $6B Bitfinex Crypto Heist ๐ฅ
It looks like the "Crocodile of Wall Street's" partner in crime, Ilya Lichtenstein, might be trading in his keyboard for handcuffs! Prosecutors want him to serve 5 years for masterminding the $6 billion Bitfinex heist. His wife and accomplice, Heather "Razzlekhan" Morgan, gets 18 months for her rap... and her role in laundering the stolen crypto.
Lichtensteinโs cyber moves shook the crypto world, but prosecutors hope a tough sentence will send a clear message to other would-be hackers: โMess with the blockchain, and you'll pay the price!" ๐ต๏ธโโ๏ธ๐ฐ
Their high-tech tricks included mixing services, NFT shopping, and even Walmart gift cardsโbecause apparently, when you're laundering millions, you still need household essentials! ๐ The sentencing is set for November, and all eyes are on what happens next.
๐ฅ P.S. Amazonโs making a documentary on this crypto heist!
It looks like the "Crocodile of Wall Street's" partner in crime, Ilya Lichtenstein, might be trading in his keyboard for handcuffs! Prosecutors want him to serve 5 years for masterminding the $6 billion Bitfinex heist. His wife and accomplice, Heather "Razzlekhan" Morgan, gets 18 months for her rap... and her role in laundering the stolen crypto.
Lichtensteinโs cyber moves shook the crypto world, but prosecutors hope a tough sentence will send a clear message to other would-be hackers: โMess with the blockchain, and you'll pay the price!" ๐ต๏ธโโ๏ธ๐ฐ
Their high-tech tricks included mixing services, NFT shopping, and even Walmart gift cardsโbecause apparently, when you're laundering millions, you still need household essentials! ๐ The sentencing is set for November, and all eyes are on what happens next.
๐ฅ P.S. Amazonโs making a documentary on this crypto heist!
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